Research

Employees under prolonged workplace pressures face serious consequences to their health, according to a working paper issued by the National Bureau for Economic Research coauthored by Krannert professors David Hummels and Chong Xiang.

Chong Xiang on Exports and Health

Bankruptcy Law and Firm Investment

Video by Joe Mazur for the Purdue Research
Center in Economics

https://www.youtube.com/watch?v=nqZwpXc-vF4&feature=youtu.be

Where Now?

If there is one thing certain about U.S. policy in these turbulent times, it is uncertainty. According to research by Huseyin Gulen, a professor of finance at Purdue’s Krannert School of Management, the impact on corporate investment is particularly negative,both
from a short- and long-term perspective.

Media

Trio of pioneering Purdue alumnae take the stage for Krannert Leadership Speakers Series

A panel of pioneering Purdue alumnae and businesswomen will keynote Krannert School of Management’s 17th annual Leadership Speakers Series on Sept. 28 at the Indiana Roof Ballroom in Indianapolis. Beth Brooke-Marciniak, vice chair of public policy at Ernst
and Young, Maria Crowe, president of Manufacturing Operations at Eli Lilly and Co., and Carolyn Woo, retired president and CEO of Catholic Relief Services, will engage in “A Conversation on Leadership” moderated by Gerry Dick, president and managing editor
of Grow INdiana Media Ventures and host of “Inside Indiana Business with Gerry Dick.”

Newly launched philanthropic component to Back a Boiler already impacting Purdue studentsThe Pave the Way program, which launched this fall as a philanthropic component to complement Purdue’s Back a Boiler income share agreement initiative, has already impacted seven undergraduate students. “Receiving funding from the new Pave the Way program
allows me to keep pursuing my dreams toward the career I want,” said Amy Wroblewski, a senior studying management and strategy and organizational management from Lafayette, Indiana. “After graduation, I hope to pay it forward by donating to Purdue to help
future Boilermakers pursue their career aspirations.”

WeConnect conference leads off Women Lead week at Purdue's Krannert SchoolA Sept. 24-25 conference co-sponsored by the Purdue University College of Science and the Krannert School of Management will serve as the opening event for Krannert’s Women Lead Week. WeConnect will bring together female business leaders, technologists,
scientists and thinkers to share insights and discuss strategies for leading and engaging the future workforce. This interactive and thought-provoking event will allow attendees the opportunity to refine their leadership toolkits to prepare for the future.

Augmented reality platform could help students discover STEM concepts through interactive experimentationExplore! Interactive, a Purdue-related startup, is developing a platform that uses augmented reality to help K-12 students more effectively learn science, technology, engineering and mathematics, or STEM subjects, and increase standardized test scores
through an engaging, interactive application. Explore! Interactive was founded by Wesley Virt, a recent graduate from Wabash College. Additional team members include Chris Palermo, a senior in Purdue’s Krannert School of Management, and Zhe Zeng, a graduate
student, Sam Rosser, a junior, and Jack Allen, a senior, all in the Purdue Polytechnic Institute.

Retired Army major seeks to help veterans get jobs, become business owners through startupA retired U.S. Army major and former Purdue University professor has started a company aimed at helping veterans by offering them jobs and business opportunities in a building he plans to construct in the heart of West Lafayette. Retired Army Maj. Gene
Richards, who took part in Krannert's Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) said he started Modern Freedom Lifestyle LLC as a socially responsible company that will give veterans a chance to be part owners in some of the businesses
included in the mixed-use building, which will be anchored by a boutique hotel and apartments aimed at college students.

GenderSpeak part of Krannert’s Women Lead WeekTammy Hughes will promote understanding between the sexes using humor in a GenderSpeak workshop at 7 p.m. Sept. 27, at Stewart Center’s Fowler Hall as part of the Krannert School of Management’s Women Lead Week. The GenderSpeak workshop helps men and women
better understand and appreciate each other's values in order to become more successful together both professionally and personally. Men and women grow up in different cultures. As a result, people learn different lessons about appropriate behaviors. What
seems natural to one gender can seem mysterious and baffling to the other.

Krannert director of diversity initiatives among Top 100 emerging leadersDiversity MBA, a national leadership organization integrating diversity and inclusion with talent management, has named Purdue’s Darren Henry to its annual list of the Top 100 under 50 emerging and executive leaders with advanced degrees. Henry, who earned
his BS in mechanical engineering from Purdue in 2002 and a MBA from the School of Management in 2007, is director of Krannert diversity initiatives and the Dr. Cornell A. Bell Business Opportunity Program (BOP), which celebrates its 50th anniversary in 2018.

Diversity MBA recognizes Darren Henry among its 2017 Top 100 under 50 emerging and executive leadersDiversity MBA, a national leadership organization integrating diversity and inclusion with talent management, has named Darren Henry to its eleventh annual list of the Top 100 under 50 emerging and executive leaders with advanced degrees. Henry, who earned
his BS in mechanical engineering from Purdue in 2002 and a MBA from the School of Management in 2007, is director of Krannert diversity initiatives and the Dr. Cornell A. Bell Business Opportunity Program (BOP), which celebrates its 50th anniversary in 2018.

Krannert highlights diversity as host of leadership seminarHundreds of high-achieving, pre-qualified prospective MBA students will come to Purdue University’s Krannert School of Management July 28-30 as part of a pre-MBA prep seminar designed for African-Americans, Latinos and Native Americans. Management Leadership
for Tomorrow (MLT) organizes the Pre-Application Seminar annually as part of its MBA Prep Program. MLT is a nonprofit dedicated to equipping underrepresented minority students with the skills, coaching and connections needed to lead organizations and communities
worldwide.

Economists find setting goals could improve student performanceBalancing the need to provide an affordable, accessible education with a commitment to transforming students’ lives and preparing them for the future is an ongoing challenge in higher education. New research from economists at Purdue University’s Krannert
School of Management finds that task-based goal setting can help on both fronts as a low-cost and logistically simple approach to improving students’ course performance.

Faculty research examines negative impact of economic policy uncertaintyIf there is one thing certain about U.S. policy in turbulent times, it is uncertainty. From health-care and tax reform to trade and the environment, the economic consequences of stalled policymaking have significant economic implications. According to
research by Huseyin Gulen, a professor of finance at Purdue’s Krannert School of Management, the impact on corporate investment is particularly negative, both from a short- and long-term perspective.

Former dean Rick Cosier takes part in civic leader flight at Grissom Air Reserve BaseThe United States Air Force (USAF) recently recognized Rick Cosier, dean emeritus of the Krannert School and Leeds Professor of Management, for his role as academic director of Purdue’s Entrepreneurship Bootcamp for Veterans with Disabilities (EBV). Cosier
was among 19 civic leaders from central Indiana invited to Grissom Air Reserve Base on June 6, 2017, to fly aboard a KC-135R Stratotanker on an hour-and-half mission of a B-52 Stratofortress along an aerial refueling track over western Kentucky and Missouri.

Krannert faculty, ITaP staff earn honors for hybrid Weekend MBA programA veteran Krannert professor and two instructional designers from ITaP were honored for their innovations in teaching and learning technologies as part Purdue’s recently restructured Weekend MBA program. Introduced in 2016, the 21-month hybrid program
features two-thirds on-campus instruction and one-third online work, meaning participants only need to travel to campus twice a month for classes. Charlene Sullivan, a longtime professor of finance, received a 2017 Award for Excellence in Distance Learning:
Course Design and Technology at Purdue’s faculty awards convocation in April for her work on Financial Management (MGMT 61000), which is part of the Weekend MBA program’s core curriculum.

Krannert faculty recognized for summer enrollment increasePurdue’s Division of Summer Session recently recognized a trio of Krannert faculty members for achieving the largest enrollment increase of any summer course at the University. The course, Strategic Management (MGMT 45100), is taught by Richard Makadok,
the Brock Family Chair in Strategic Management; John Burr, continuous term lecturer; and Tom Brush, senior associate dean and head of the Department of Management.

Krannert undergrad reflects on benefits of research and poster symposiumThe 2017 Undergraduate Research and Poster Symposium held on April 11 in the Purdue Memorial Union may technically have been only a one-day event, but for the students who participated, it represented countless hours of learning first-hand how research
contributes to the advancement of human knowledge.

High-performing students join elite groupThe Krannert School of Management recently inducted 19 members into Beta Gamma Sigma, an international business fraternity. The organization has more than 750,000 members worldwide, representing government, corporate, nonprofit and educational management
positions in the United States and around the world.

Purdue MBA team wins Big 10 Plus Case CompetitionA talented team of Krannert MBA students took first place at the Big 10 Plus Case Competition at Ohio State University on April 2, besting universities including Illinois, Iowa, Maryland, Michigan State and Ohio State.

Boilermakers by the Bay symposium to be streamed live on FacebookRegistration for the Krannert School of Management’s “Boilermakers by the Bay: Internet of Things” symposium in San Francisco, California, on April 18 has reached capacity and is now closed, but all Purdue alumni, friends and corporate partners can still
take part by watching a live stream of the event on Facebook.

2017 Best 40 Under 40 ProfessorsTwo Krannert professors have been named in the “2017 Best 40 Under 40 Professors” by Poets & Quants, a website dedicated to business school news. Fabrice Lumineau and Mohammad Rahman made this year’s list. They join Xiaoyan Zhang, who made the list in
2014, in receiving the honor.

Young students take entrepreneurial lead in Classroom Business EnterpriseMintonye Elementary students in Lafayette, Indiana, are learning firsthand how to harness economic skills and innovation to create a successful business through the hands-on Classroom Business Enterprise (CBE) program. Throughout the school year, Barbara
Tilley’s third-grade students have worked together to plan, produce and sell two pioneering and earth-friendly products. Their hard work will be featured at the CBE Showcase on Purdue’s campus on April 12.

Karthik Kannan among three Purdue faculty named as Jefferson Science FellowsThree Purdue faculty members have been selected as Jefferson Science Fellows. Peter Hirst (Horticulture), Karthik Kannan (Management) and Sonak Pastakia (Pharmacy) have been named to the 2017-18 class of Jefferson Science Fellows, an initiative of the
Office of Science and Technology Adviser to the U.S. Secretary of State.

Burton D. Morgan Business Plan Competition announces finalists as it marks 30 years at PurdueTen teams of Purdue students will put their best pitch forward in the hopes of winning a share of the $100,000 in prize money at the upcoming 30th annual Burton D. Morgan Business Plan Competition. The event will be held Tuesday (Feb. 28) at the Burton
D. Morgan Center for Entrepreneurship. Team presentations run from 8:30 a.m. to 4 p.m. and are open to the public. An awards dinner will follow.

Krannert professor Ellen Ernst Kossek says U.S. lags in workplace gender equality A Purdue University professor known internationally for her work and research in gender equity in the workplace believes female business leaders meeting at the White House in February was a good start. President Donald Trump and Canadian Prime Minister
Justin Trudeau announced the creation of the United States-Canada Council for the Advancement of Women Business Leaders-Female Entrepreneurs. Ellen Ernst Kossek, the Basil S. Turner Professor of Management and research director of the Susan Bulkeley Butler
Center for Leadership, said the issue goes beyond equity to being a serious economic issue.

Recent Krannert alums to return as “Rising Professionals” for Purdue’s Old Masters ProgramKrannert grads Karan Ahuja and Derek Mauk are among five young alumni who have shown success in their early careers and will return to the West Lafayette campus March 5-6 as part of the Rising Professionals program. Built as part of the Old Masters Program,
Rising Professionals was developed to inspire current Boilermakers and give them the opportunity to interact with some exceptional recent graduates.

2017 National Economics ChallengeIt's time for teachers to prepare teams for the 2017 National Economics Challenge. This is a great opportunity to have your high school students compete for a chance to win scholarships, prizes, and more!

PCEE's Teacher Advocate, Gina Boyd, Wins National AwardCongratulations to the Purdue Center for Economic Education's teacher advocate, Mrs. Gina Boyd, on her selection as a recipient of the prestigious Council of Economic Education's John Morton Excellence in the Teaching of Economics Award at the elementary
school level.

Krannert ranked among top 20 MBA programs by recruitersKrannert placed No. 17 nationally in the employer survey, the highest ranking for a school in Indiana. That survey is recruiter feedback on the skills they look for in MBAs, and which programs best equip their students with those skills, according to the
Bloomberg website.

Purdue wins final stage of case competition with IUPurdue University’s Business Information and Analytics Center (BIAC), in collaboration with the Krannert School’s Leadership Communication Studio, recently hosted a two-stage case competition in IT/Analytics with Indiana University’s Kelley School of Business.
The judges selected a Purdue team as the winner of the competition, with the second place going to an IU team and third place to another Purdue team. Each team received cash prizes of $2400, $1200, and $600, respectively.

Finance professor Huseyin Gulen to receive 2016 Jack Treynor PrizeKrannert finance professor Huseyin Gulen has been named one of three recipients of the Q-Group's 2016 Jack Treynor Prize, which honors superior academic working papers with potential applications in the fields of investment management and financial markets.
Gulen was recognized for his paper "Extrapolation bias and the predictability of stock returns by price-scaled variables," which he co-authored with Krannert PhD student Stefano Cassella.

PURCE AnnouncementWEST LAFAYETTE, Ind. — Purdue University alumnus Steven A. Webster and his wife, Linda M. Webster, have made a multimillion-dollar leadership gift to the Krannert School of Management. The pledge of $3 million will transform part of the third floor of
the Krannert Building into the Webster Suite for the Purdue University Research Center in Economics, a fast-growing center in need of office and research space. “With this gift the Websters have shown once again how much they care about our program,” said
David Hummels, dean of Purdue’s Krannert School of Management. “For several years now, much of the third floor has been known as the Webster Suite for Undergraduate Programs. It’s fitting that an additional 7,300 square feet of that floor will now also bear
their name, but as a space that will benefit faculty and graduate students.”

Multimillion-dollar gift will renovate floor of Krannert for growing economics centerPurdue University alumnus Steven A. Webster and his wife, Linda M. Webster, have made a multimillion-dollar leadership gift to the Krannert School of Management. The pledge of $3 million will transform part of the third floor of the Krannert Building into
the Webster Suite for the Purdue University Research Center in Economics, a fast-growing center in need of office and research space.

BOP alum Shawn Taylor recognized among AACSB International's 2016 Influential LeadersAn alumnus of Purdue's Krannert School of Management is among several corporate leaders to be recognized by AACSB International, the global accrediting body and membership association for business schools. Shawn Taylor, a 1982 accounting and Business Opportunity
Program graduate, is one of 30 honored as the organization's 2016 Influential Leaders.

Top business leaders visit Purdue for Krannert Executive ForumLeading business executives and entrepreneurs will visit Purdue during the next four months for the Krannert School of Management Executive Forum. The forum will allow leaders to share their experiences and inspiration with those in attendance.Forum sessions
are set for 11:30 a.m. to 12:20 p.m. Fridays, beginning Sept. 2 in Krannert Auditorium. The talks are open to the public, as space permits, and free of charge

Krannert, Boiler Business Exchange Announce Inaugural Business Hall of Fame InducteesThe Boiler Business Exchange of Indianapolis, Inc. (BBE) has teamed with Purdue’s Krannert School of Management to unveil its inaugural Business Hall of Fame class. The Business Hall of Fame has been created to acknowledge and showcase esteemed business
leaders who have achieved exceptional success in the business arena and have predominant ties to both Purdue and the State of Indiana.

Purdue alum Dave Ricks to become president and CEO at Eli LillyEli Lilly and Company today announced that David A. Ricks, an alumnus of Purdue's Krannert School of Management and currently senior vice president and president, Lilly Bio-Medicines, will succeed John C. Lechleiter as president and CEO and join the board
on January 1, 2017, and become chairman of the board on June 1, 2017.

New PCEE Director NamedDr. David Perkis joined the Purdue Center for Economic Education as Director on July 1, 2016.

Teachers Honored With Olin W. Davis AwardsThree teachers who have been active with the Purdue Center for Economic Education's programming, and who currently serve on the Center's teacher advisory committee, have been recognized for their excellence in teaching and promoting the teaching of economics.

Four graduates from Purdue’s 2015 EBV class receive grants for their business projectsFour veterans who graduated in 2015 from Purdue's Entrepreneurship Bootcamp for Veterans with Disabilities, or EBV, have received grants from the EBV Foundation to support their business projects. Purdue is one of 10 schools nationally to offer the EBV
program. It offers experiential training in entrepreneurship and small business management to post-9/11 soldiers, sailors, aviators and Marines with disabilities resulting from their military service.

Krannert researcher to lead Work/Life SummitEllen Kossek, a faculty member in Purdue University's Krannert School of Management, has been appointed to chair the Work/Life Committee for the U.S. Office of Personnel Management for a research summit.

The U.S. stock market is off to its worst start to open a year in more than a century. In four days this week, the Dow has plunged five percent and the NASDAQ more than six percent. Even the S&P 500 has shed 4.9 percent.

A Purdue University alumna and longtime university supporter is giving a $1 million gift to advance women in management by providing undergraduate scholarships for women enrolled in Purdue’s Krannert School of Management.

The American Accounting Association’s Management Accounting Section Publications Committee has selected
Mark Bagnoli’s and Susan Watts's paper “Knowing versus Telling Private Information about a Rival”, published in the Journal of Management Accounting Research in 2013, to be awarded the
2015 Journal of Management Accounting Research Best Paper Award. The Publications committee considered all research papers published in JMAR between 2013 and 2015, and judged their paper to have the highest potential impact on management accounting
research.

Krannert School of Management will host 23 veterans from around the United States
October 30 through November 8 for its seventh annual
Entrepreneurship Bootcamp for Veterans with Disabilities (EBV) program.

Participants are post-9/11 veterans with service-connected disabilities and a desire to start their own businesses.

Created at Syracuse University's Whitman School of Management in 2007, EBV teaches participants principles of entrepreneurship and small-business management.

Eleven teams from Purdue University and Indiana University competed in this year's competition. All groups showed exemplary case analysis, problem solving and information literacy. The top three teams advanced to the final
round, which was held October 9 in the Burton Morgan Entrepreneurship Center, Room 121, to compete for first, second and third place.